Cera Sanitaryware Ltd Share Price Cera Sanitary.

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Chairman & Managing Director Vikram Somany
Independent Director Sajan Kumar Pasari
Company Secretary Narendra N Patel
Independent Director Lalit Kumar Bohania
Vice Chairperson Deepshikha Khaitan
Executive Director Atul Sanghvi
Independent Director J K Taparia
Addtnl Independent Director Ayush Bagla
Addtnl Independent Director Surendra Singh Baid
Addtnl Independent Director Akriti Jain

Cera Sanitaryware Ltd (formerly Madhusudan Oils and Fats Limited) is engaged in the business of manufacturing, selling and trading of building products and is having non-conventional wind & solar power for captive use in the State of Gujarat. The companys main product lines are Sanitaryware, Faucetsware and Bathware. Cera Sanitaryware Ltd, a Gujarat based company, was incorporated in the year July 17th, 1998. The company is headed by its Chairman Vikram Somany. The company is engaged in Manufacture of Ceramic Sinks,Wash Basins,Wash Basin Pedestals, Baths, Bidets,Water Closet Pans, Flushing Cisterns, Urinals and similar Sanitary fixtures. During 2002-03, the company introduced a water saver EWC.Cera Sanitaryware discontinued its Fixed Deposit Scheme from the Financial Year 2012-13.During the year ended 31 March 2014, Cera Sanitaryware expanded its annual production capacity of sanitaryware to 2.7 Mn. Pcs. for meeting the increased demand of its products.As a part of companys green initiative and to reduce power cost, the companys two wind-turbines of 2.850 MW capacities had been commissioned during the year at Dist. Surendranagar & Dist. Jamnagar in Gujarat. During the year under review, the company repaid loans of Rs. 610.00 Lacs to Financial Institutions and Banks.During the year ended 31 March 2015, Cera Sanitaryware expanded its annual production capacity of sanitaryware to 3 Mn. Pcs. for meeting the increased demand of its products. The new ranges and designs of Faucets have been well accepted by the market. The company attained its full capacity in the year. Owing to this success, the company has further expanded its Faucets capacity to 2.34 Mn.Pcs. p.a.As a part of national policy and Green initiative, generation of electricity through non-conventional sources and to stabilize power cost, Cera Sanitaryware installed two wind-turbines of 4 MW and solar energy of 1 MW capacity at Dist. Jamnagar & Dist. Mehsana respectively in Gujarat during the year ended 31 March 2015. During the year under review, the company repaid loans of Rs. 675.02 lacs to Financial Institutions and Banks.In March 2015, Cera Sanitaryware issued 3,51,000 equity shares on preferential basis. During the financial year ended 31 March 2016, Cera Sanitaryware repaid loans of Rs 890.30 Lacs to Financial Institutions and Banks. The expansion plan of Cera Sanitarywares Faucetsware unit was attained in 2015-16.During the year under review, the company launched CERA Style Studios on Wheels, a novel concept to take CERA products to the doorsteps of key decision makers like architects, developers, etc. The company also strengthened CERA Care, its after-sales division with induction of technicians for taking care of its services in all key cities of the country.During the financial year ended 31 March 2017, Cera Sanitarywares topline crossed Rs. 1000 crore - an important milestone in the history of the company. During the year under review, the company repaid loans of Rs. 890.30 Lacs to Financial Institutions and Banks.During the year under review, the company opened expanded CERA Style Studios, its touch and feel experience centres, in Kolkata and Kochi. Cera Sanitaryware has entered into a Joint Venture with Anjani Tiles Limited at Andhra Pradesh with 51% Equity and 54% Preference Share holding in aggregate amounting to Rs 2933 Lakhs (Previous Year Rs 2678 Lakhs) for producing Vitrified Floor Tiles of 10000 Sq. Mtr. per day. Anjani Tiles Limited became subsidiary of Cera Sanitaryware w.e.f. 23rd November, 2015. The commercial production of tiles from this plant has started from 1 April 2016.During the year ended 31 March 2018, Cera Sanitarywares Zamac plant for manufacturing of Zamac handles has commissioned and commercial production commenced which has helped the company to stop imports.During the year under review, the company launched two brands to cater to all price segments-JEET for mass segment and SENATOR by CERA for premium segment. The company launched new designs in faucets, tiles, Sanitaryware, wellness, kitchen sinks and mirrors, thereby keeping up and even ahead of the market trend. The company opened several CERA Style Galleries across India to give touch and feel experience to its customers.As a part of national policy and Green initiative, Cera Sanitaryware has stabilized power cost by generation of electricity through nonconventional sources for captive use. The company has installed and commissioned one more M.W Solar Energy unit during the year.During the year under review, Cera Sanitaryware repaid loans of Rs 533.53 Lakhs to Financial Institutions and Banks.During FY 2019, the company had a Megs launch of new range of tiles, which was witnessed by over 500 dealers and 200 architects from all over India. The event established CERAs supremacy in range and quality of tiles. Apart from the existing JV with Anjani Tiles Limited in Andhra Pradesh, the Company also entered into a JV with Milo Tiles LLP in Morbi, thus helping it in reaching out to West, North and East markets.During the year 2019, the company entered into a Joint Venture with Milo Tiles LLP (earlier Crown Ceramics - an established production facility since 2015) at Morbi, Gujarat with 26% equity amounting to Rs. 806 lakhs for producing high end Glazed Vitrified Floor Tiles of 7000 sq. mtr. per day.During the year 2019, the Companys subsidiary, namely Race Polymer Arts LLP was incorporated with 51% capital contribution by the Company for manufacturing of polymer products like seat cover, cistern, fittings and other products made from polypropylene (PP).

REGISTERED OFFICE

9 GIDC Industrial Estate,
Kadi,Mehsana,
Gujarat-382715

Tell. : +91-2764-242329/262619/262638
Website : http://www.cera-india.com
Email : kadi@cera-india.com

REGISTRAR OFFICE

201 Shatdal Complex,
Navrangpura,Ahmedabad-380009
INDIA

Tell. : +91-79-26580461/62/63
Website : www.mcsregistrars.com
Email : mcsahmd@gmail.com